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Property summary
Westview Apartments is a well-maintained, low-rise multifamily community located in the heart of Greeley, Colorado. Comprising three two-story apartment buildings constructed in 1962, 1969, and 1970, the property offers a total gross building area of approximately 30,188 square feet. Constructed with durable wood frame and masonry veneer exteriors, the buildings are topped with pitched composition shingle roofs, contributing to long-term structural resilience and curb appeal. The property benefits from its convenient location in the West submarket, with close proximity to schools, retail centers, and major commuter routes. The unit mix consists of 40 total apartments, including 4 one-bedroom, one-bath units, 34 two-bedroom, one bath units, and 2 three-bedroom, one-bath units. Westview Apartments presents a stable investment opportunity in a growing Northern Colorado market with strong demand for quality rental housing. The asset also offers a clear operational upside through the implementation of a Ratio Utility Billing System (RUBS), allowing a future owner to recapture utility expenses and improve net operating income without significant capital investment. This provides an immediate, scalable value-add strategy while maintaining affordability for residents.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Greeley market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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